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Company type | Government-owned corporation |
---|---|
Industry | Banking, financial services |
Founded | 1939 |
Founder | Sir Ernest de Silva |
Headquarters | BOC Square, Bank of Ceylon Mawatha, Colombo, Sri Lanka |
Number of locations | 582 (2020) [1] |
Area served |
Sri Lanka Maldives India United Kingdom Seychelles |
Key people | Ronald C. Perera (
Chairman)
[1]
|
Services | Retail banking, corporate banking, investment banking |
Revenue |
Rs 252.756 billion
[1] ( US$ 1.325 billion) (2020) |
Rs 22.246 billion
[1] (US$ 333.113 million) (2020) | |
Rs 16.307 billion (2020)
[1] (US$ 95.302 million) (2020) | |
Total assets | Rs 2.982 trillion (2020)
[1] (US$ 16.002 billion) (2020) |
Total equity | Rs 156.659 billion (2020)
[1] (US$ 840.410 million) (2020) |
Number of employees | 8,479 (2020) [1] |
Parent | Ministry of Finance |
Subsidiaries | Ceybank Asset
Bank of Ceylon (UK) Limited (100%) |
Website |
www |
Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව Lanka Bænkuwa, Tamil: இலங்கை வங்கி S.SADHURSHAN iIlangai Vangi) is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cylindrical building in Colombo.
The bank has a network of 651 branches, 715 automated teller machines (ATMs), 159 CDM, 582 CRM network, and 15 regional loan centres within the country. It also has an around-the-clock call centre and an around the clock branch at its Colombo office.
In addition to the local presence, the bank maintains an off-shore banking unit in the head office in Colombo, three branches in Malé, Chennai, and Seychelles, and a subsidiary in London.
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verification. (February 2024) |
Bank of Ceylon (BOC) was founded in 1939, with Sir Ernest de Silva as its first chairman. At the time, Ceylon was a British colony and the then governor Sir Andrew Caldecott ceremoniously opened the bank on 1 August. The British government introduced the banking arm for its government-oriented businesses. Two years later, in 1941, BoC started to expand beyond the city of Colombo. It opened its first branch in Kandy. Subsequently, BOC added branches in major cities such as Galle, Jaffna, Kurunegala, Batticaloa, Trincomalee, Badulla, and Panadura.